Turnover on the rise among Thai fund executives

A growing focus on wealth management and a capital markets shake-up in Thailand is leading to more opportunities for experienced staff at asset management and funds distribution firms, according to senior industry figures. Jumpon Saimala, chief executive of ING Funds Thailand in Bangkok, sees rising staff turnover among asset managers, banks and securities companies in Thailand as a growing trend. “Three or four years ago people stuck to the same firm or part of the business,” he …